PENGARUH UKURAN DEWAN DIREKSI, UKURAN DEWAN KOMISARIS, KOMITE REMUNERASI DAN NOMINASI DAN DEWAN KOMISARIS INDEPENDEN TERHADAP KOMPENSASI DEWAN DIREKSI

Abstract

The provision of compensation to the board of directors is expected to improve the performance of the board of directors on corporations, where the board of directors having the property of being an opportunist so that it can be increasing the agency cost. To reduce agency cost then companies provide compensation to a board of directors. Then conducted research aimed to determine the factors that affect compensation board of directors. In this study the variables used is a compensation the board of directors as the dependent variable and the size of the board of directors, the size of the board of commissioners, remuneration and nomination committees as well as the board of commissioners independent as the independent variable. The research also use leverage, firm size and firm age as control variables. To perform the hypotheses, used manufacturing companies listed in Indonesian Stock Exchange. The data utilize was from 2011-2013. Analysis method using multiple regression models and the results found that the size of the board of directors, the board of commissioners independent, leverage , firm size significantlyeffect on compensation the board of directors, while the size of the board of commissioners, remuneration and nomination committees, firm age found no significant effect on compensation the board of directors. This study uses agency theory as a theory supporting.

Keywords: The size of the Board of Directors, Board of Commissioners size, Remuneration and Nomination Committee, the Board of Commissioners of the Independent, Compensation Board of Directors.